It’s the perfect time to invest in futures. The futures of people like Emilio, Pat and David
Opportunity Fund’s Small Business Impact Fund is the country’s largest small business impact fund that directly provides loans to underserved small business owners, primarily minority and women-owned businesses in low-income communities.
The Fund allows accredited individual investors to provide senior debt in support of Opportunity Fund’s small business lending program. To date we’ve issued $11.8 million backed by business leaders, philanthropists, and venture capitalists, and will use subsequent tranches to fuel the organization’s ambitious national expansion.
The Small Business Impact Fund’s initial round offered investors two- and five-year terms with a nominal spread over a benchmark U.S. Treasury rate. Over five years, the money we've raised will yield more than $38 million in loans for small businesses, create and retain more than 3,700 jobs and generate $75 million in annual economic activity, given Opportunity Fund’s impressive 95 percent repayment rate.
"I believe deeply in the power of entrepreneurship to improve lives. Small business owners create jobs, offer valuable services and inject vitality into communities. Opportunity Fund has a stellar record of financial responsibility and success in helping underserved entrepreneurs build a better life, no matter where they live. The Small Business Impact Fund will have a profound impact and I’m proud to be part of it.”John A. Sobrato, Lead investor and Opportunity Fund Leadership Councilmember